Lima Airport Partners
Encyclopedia
Lima Airport Partners S.R.L. is a Limited liability company
that operates Peru's main airport: the Jorge Chávez International Airport
in Callao
, near Lima
. It was founded in February 2001 and holds a 30 year concession to operate the airport.. The company is 70.01 % owned by Fraport AG
of Germany.
70.01%, Fraport AG
19.99%, International Finance Corporation
10.00%, Fund for Investment in Infrastructure, Public Services and Natural Resources
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...
that operates Peru's main airport: the Jorge Chávez International Airport
Jorge Chávez International Airport
Jorge Chávez International Airport , known as Aeropuerto Internacional Jorge Chávez in Spanish, is Peru's main international and domestic airport. It is located in Callao, 11 kilometers from the Historic Centre of Lima and 17 km from Miraflores. Callao is the port city now fully...
in Callao
Callao
Callao is the largest and most important port in Peru. The city is coterminous with the Constitutional Province of Callao, the only province of the Callao Region. Callao is located west of Lima, the country's capital, and is part of the Lima Metropolitan Area, a large metropolis that holds almost...
, near Lima
Lima
Lima is the capital and the largest city of Peru. It is located in the valleys of the Chillón, Rímac and Lurín rivers, in the central part of the country, on a desert coast overlooking the Pacific Ocean. Together with the seaport of Callao, it forms a contiguous urban area known as the Lima...
. It was founded in February 2001 and holds a 30 year concession to operate the airport.. The company is 70.01 % owned by Fraport AG
Fraport
Fraport AG Frankfurt Airport Services Worldwide is a German transport company which operates the Frankfurt International Airport serving Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn...
of Germany.
History
- On November 15, 2000, a joint venture made up of German airport operator Fraport AG Frankfurt Airport Services WorldwideFraportFraport AG Frankfurt Airport Services Worldwide is a German transport company which operates the Frankfurt International Airport serving Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn...
, Bechtel Enterprises International Ltd. - a North American holding originally dedicated to construction - and Peruvian construction company Cosapi S.A. won the thirty-year concession from the Peruvian State to build, operate and transfer the Jorge Chavez International AirportJorge Chávez International AirportJorge Chávez International Airport , known as Aeropuerto Internacional Jorge Chávez in Spanish, is Peru's main international and domestic airport. It is located in Callao, 11 kilometers from the Historic Centre of Lima and 17 km from Miraflores. Callao is the port city now fully...
in CallaoCallaoCallao is the largest and most important port in Peru. The city is coterminous with the Constitutional Province of Callao, the only province of the Callao Region. Callao is located west of Lima, the country's capital, and is part of the Lima Metropolitan Area, a large metropolis that holds almost...
, PeruPeruPeru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....
.
- In December 2001, Bechtel Enterprise Services, Ltd. transferred its LAP shares to Alterra Lima Holdings, Ltd., subsidiary of Alterra Partners, an airport operator whose shareholders are Bechtel and Singapore Changi Airport Enteprise (operator of the Singapore International Airport).
- In September 2003, Cosapi S.A. sold its LAP shares to Alterra Holdings, Ltd. Consequently the distribution of shares turned 57.25% for Alterra Lima Holdings, Ltd. and 42.75% for Fraport AGFraportFraport AG Frankfurt Airport Services Worldwide is a German transport company which operates the Frankfurt International Airport serving Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn...
.
- In August 2007, Fraport AG Frankfurt Airport Services WorldwideFraportFraport AG Frankfurt Airport Services Worldwide is a German transport company which operates the Frankfurt International Airport serving Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn...
acquired 57.25% of Alterra Lima Holdings and turned into the main shareholder of Lima Airport Partners.
- In June 2008, the International Finance CorporationInternational Finance CorporationThe International Finance Corporation promotes sustainable private sector investment in developing countries.IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States....
, member of the World BankWorld BankThe World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
group and Fund for Investment in Infrastructure, Public Services and Natural Resources, administered by AC Capitales SAFI became partners of LAP. Therefore, the share distribution turned:
70.01%, Fraport AG
19.99%, International Finance Corporation
10.00%, Fund for Investment in Infrastructure, Public Services and Natural Resources
Tenth anniversary
On February 2, 2011, Fraport and Lima Airport Partners celebrated the 10th anniversary of the airport concession in an event attended by important Peruvian business and political leaders as well as by Peru's vice president Luis Giampietri. Stefan Schulte, Fraport's executive board chairman, took the occasion to point out the significant improvements in the quality of infrastructure and services provided as well as the increase in the number of passengers which reached more than 10 million by the end of 2010.See also
- Fraport AGFraportFraport AG Frankfurt Airport Services Worldwide is a German transport company which operates the Frankfurt International Airport serving Frankfurt am Main and holds interests in the operation of several other airports around the world. In the past the firm also managed the smaller Frankfurt-Hahn...
- Jorge Chávez International AirportJorge Chávez International AirportJorge Chávez International Airport , known as Aeropuerto Internacional Jorge Chávez in Spanish, is Peru's main international and domestic airport. It is located in Callao, 11 kilometers from the Historic Centre of Lima and 17 km from Miraflores. Callao is the port city now fully...
- Aeropuertos del PerúAeropuertos del PerúAirports of Peru is a private company that operates twelve regional airports in Peru - eleven in northern Peru - Tumbes, Talara, Piura, Chiclayo, Trujillo, Anta-Huaraz, Chachapoyas, Cajamarca, Tarapoto, Pucallpa, Iquitos; and one in the south: Pisco. This is the first group of regional airports...
- CORPACCORPACThe Peruvian Corporation of Commercial Airports and Aviation Inc. ' operates various airports in Peru. It was founded by law in June 1943....